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Jun 28, 2012
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that sets the debate going forward there. >> exactly. they're going to argue this law deepens the point they're making about president obama making the point about raising taxes, and he's going to find a point to defend against that. you heard him say, now this mandate's been upheld. your kid can stay on the parents' insurance until they're age 26. all those things you can't be denied coverage because of preexisting conditions. all those are things that poll well, that are popular, that the administration believes in and they're going to try to use those to protect themselves against the tax argument. >> john, thanks so much. our chief washington correspondent, of course washington bureau chief john harwood outside the white house for us. many investment implications of the ruling today. let's bring in chris jener. he's a t. rowe price fund manager. chris, this didn't go exactly to plan, at least how you figured it would given our conversation a few days ago. >> what i thought of, and what you'll recall, i thought the mandate would be st
that sets the debate going forward there. >> exactly. they're going to argue this law deepens the point they're making about president obama making the point about raising taxes, and he's going to find a point to defend against that. you heard him say, now this mandate's been upheld. your kid can stay on the parents' insurance until they're age 26. all those things you can't be denied coverage because of preexisting conditions. all those are things that poll well, that are popular, that...
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Apr 9, 2012
04/12
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my alternative when woorp debating was to have a commitment not to raise taxes. if president obama came in and said i'm not going to raise tax pez. >> by the way, he didn't. >> with a lot of pressure and always the urn certainty saying we need to. and also if he came in and said the middle-class tax cut, i'm going to make it permanent. >> so you didn't help kevin write this piece. >> were you cheering -- >> kevin is a former student of mine. i respect him greatly. >> i keep hearing it, thank god we've had this government that allowed to us get back to 2% growth that orchestrated 2% growth. and this is the crux of the issue for this election, the counterfactor that we'd be better off or you give the government credit from bringing us back from the abyss. >> you have a really good budget plan that romney is on part of it and you have this other budget plan is that doesn't deal with our exploding debt. at least we can have a debate. let have a serious debate about which is the right way to go. i think i know what is the right way to go. >> we have to kill some other
my alternative when woorp debating was to have a commitment not to raise taxes. if president obama came in and said i'm not going to raise tax pez. >> by the way, he didn't. >> with a lot of pressure and always the urn certainty saying we need to. and also if he came in and said the middle-class tax cut, i'm going to make it permanent. >> so you didn't help kevin write this piece. >> were you cheering -- >> kevin is a former student of mine. i respect him greatly....
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Mar 1, 2012
03/12
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, although his campaigning has been so inept, except for the debates where i think he's done well. his campaigning has been so inept he's eroding some of that security feeling. >> governor pataki is with us and joined us at the top of the hour, governor rendell. >> well he would be the strongest candidate. >> governor pataki could you lay out your concern about the republicans going after each other and how this weakens -- >> i agree with what ed said which is not uncommon, we often agree, and i think he did say that we've been bloodied over the course of this campaign and we have. i think the most important thing that he said is that none of the republicans have laid out an economic plan that the american people can identify with and say, yes, this is going to help, and i think that's one of the reasons we've been mired and killing each other and one of the reasons we haven't been as effective as we should be in going after president owe ba marx because he has portrayed his vision and i can't stand that vision, of a divisive america in the throes of depression with an ex-ploisive
, although his campaigning has been so inept, except for the debates where i think he's done well. his campaigning has been so inept he's eroding some of that security feeling. >> governor pataki is with us and joined us at the top of the hour, governor rendell. >> well he would be the strongest candidate. >> governor pataki could you lay out your concern about the republicans going after each other and how this weakens -- >> i agree with what ed said which is not...
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Mar 28, 2012
03/12
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where is president obama now? jack welch was very interested. take a look. just 28%. now some people have pointed out well the financial crisis started four years ago before the president came in and so the question is how much is he to blame for all that's going on? we'll get rid of that and come back and take a look. who is to blame. survey of all adults 17% blame him for the recession that's up from when we asked this question back in 2010. unemployment about even. you know he's had some improvement and that improvement in the unemployment rate has shine in the national numbers. take a look at the deficit. more americans blaming him. what's key about these issues if you break it down. independents would very much like the national average. let's go over to our next spot and take a look at some other things on the minds of americans. what's your biggest concern when it comes to cost? food, 9%. education, 11%. retirement 14%. this one here, health care costs, 28%. what are we missing here? you got it. gas prices. 28%. fascinating to me that gas prices and health care
where is president obama now? jack welch was very interested. take a look. just 28%. now some people have pointed out well the financial crisis started four years ago before the president came in and so the question is how much is he to blame for all that's going on? we'll get rid of that and come back and take a look. who is to blame. survey of all adults 17% blame him for the recession that's up from when we asked this question back in 2010. unemployment about even. you know he's had some...
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Apr 3, 2012
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when you put him on a stage against barack obama to debate how to grow the economy, it will be the difference between someone who as grown the economy and somebody who read it in a magazine. >> we're not going to know what the supreme court thinks about the health care law until june. some people on the front of the wall street journal are guessing they're on the defensive, trying to prevent this rule or law from getting struck down. there is a school of thought of people who believe that if it is struck down that, that will really motivate president obama as base and that will be a really tough thing to go up again in the election. what do you think about that? >> i haven't spent a lot of time doing the political calculation and i don't know the answer. i believe on two fronts -- i think it's us constitutional and i think it bad public policy for example, franchises, who are scared to death of the heck law, they done fully understand what it means and hieven the lawyer can't tell them because the rule hasn't been written. they're saying let me go part time, cut back on hiring be and not expa
when you put him on a stage against barack obama to debate how to grow the economy, it will be the difference between someone who as grown the economy and somebody who read it in a magazine. >> we're not going to know what the supreme court thinks about the health care law until june. some people on the front of the wall street journal are guessing they're on the defensive, trying to prevent this rule or law from getting struck down. there is a school of thought of people who believe that...
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Oct 4, 2012
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. >> now let me give you a bottom line on the debate. first of all, you had a huge shot of energy in the republican camp in the romney campaign. republicans were thrilled with his performance. democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this
. >> now let me give you a bottom line on the debate. first of all, you had a huge shot of energy in the republican camp in the romney campaign. republicans were thrilled with his performance. democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been...
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Oct 5, 2012
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bush and austan goolsbee, former adviser to president barack obama. you know, our friend liesman, austan, he said if they could fix these numbers, if they could somehow fix them, then why didn't they fix the debate performance? that didn't make sense to me. i think i figured it out. you could relax at the debate if you knew you were doing 7.8, all right? you could kind of mail it in, like hey, no big deal. i'm getting a 7.8 on friday. >> look, first of all, i've been saying for months, you've made me be mr. pessimistic on the jobs panel month after month and i told you finally the seasonal adjustment would kick in, in our favor, starting in september and then you didn't have me on! i would have predicted this. you got to at least -- >> i didn't know i could make you do things. that's cool, what do i want to you do. >> no, you made me do nothing. you kicked me off of there. >> where were you last month? >> it wasn't for lack of asking, was it? >> i'm sure we probably begged. >> no, i'm just playing with you. you got to learn the name of the bls commiss
bush and austan goolsbee, former adviser to president barack obama. you know, our friend liesman, austan, he said if they could fix these numbers, if they could somehow fix them, then why didn't they fix the debate performance? that didn't make sense to me. i think i figured it out. you could relax at the debate if you knew you were doing 7.8, all right? you could kind of mail it in, like hey, no big deal. i'm getting a 7.8 on friday. >> look, first of all, i've been saying for months,...
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Oct 2, 2012
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has now entering the debates against george w. bush. he had a reputation as a strong debater. his body language was off, he was condescending to bush. bush was surprisingly well performed and personable. you had the bush campaign take advantage of some mistakes that gore made in the debate. and they really drove a story. cheney beat lieberman in the vice presidential debates. all those things came together and political scientists call it a wave effect. cause out with bush ahead a few points. >> couldn't you just say for an idiot, he was surprisingly well inform informed in say what you're feeling. >> i've never thought bush was an idiot. >> why would you say surprisingly well informed? he was governor for -- he had a higher grade point average than al gore. >> because bush had a reputation -- >> with who? >> among people who cover him and among-mf. >> the media, you mean? >> a significant portion of the american people. >> i'm playing with you. i read what you tweeted, that you're ready for some debating with morning joe and at s
has now entering the debates against george w. bush. he had a reputation as a strong debater. his body language was off, he was condescending to bush. bush was surprisingly well performed and personable. you had the bush campaign take advantage of some mistakes that gore made in the debate. and they really drove a story. cheney beat lieberman in the vice presidential debates. all those things came together and political scientists call it a wave effect. cause out with bush ahead a few points....
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Apr 13, 2012
04/12
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the tax policy debate's getting personal. obama and biden released their 2011 tax returns and then they promptly start bashing mitt romney and calling for him to release his returns all the way back to the 1970s. huh? i don't get it. but the treasury could be making a profit on bailout nation. so let's go to cnbc's john harwood, joins us now with the details. good evening, john. >> good evening, larry. you know, with rick santorum out of this republican race, the obama administration took two steps today to try to advance its interest in the accelerating general election contest with mitt romney. the first was that treasury report you alluded to saying for the first time that the u.s. government expects to make a profit. let me repeat, a profit on the entire range of its bailout activities. that's largely because of interest earnings the federal reserve will get on its purchase of treasury securities to keep interest rates low. and this is not going to eliminate concern among conservatives and some independent and swing voter
the tax policy debate's getting personal. obama and biden released their 2011 tax returns and then they promptly start bashing mitt romney and calling for him to release his returns all the way back to the 1970s. huh? i don't get it. but the treasury could be making a profit on bailout nation. so let's go to cnbc's john harwood, joins us now with the details. good evening, john. >> good evening, larry. you know, with rick santorum out of this republican race, the obama administration took...
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Oct 1, 2012
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it will be a good debate, but i certainly do not underestimate what barack obama brings to it. >> that was the president and the man who is playing him during mitt romney's debate prep by talking expectations for the first debate. of course it's just two days away. joining us with a review, terry nelson, gop strategist, and democratic strategist morris reed. let's start with you this morning, terry. there is a sense the "washington post" has a piece out this morning that romney needs to be the instigator, he needs to be the aggressor. is that right and can he do it? >> i don't know if he needs to be the instigator. there has been clearly a lot of focus on the romney campaign. he needs to have a very solid performance and 2that's the mos important thing, that he makes his points in a solid and forceful way and if he does that are, i think and he will come out all right. but the idea that he needs to come in a have a debate defining moment in order for to be a success i don't think is right. >> is there one issue or theme that he has to hit home? >> he has to -- this race is about the ec
it will be a good debate, but i certainly do not underestimate what barack obama brings to it. >> that was the president and the man who is playing him during mitt romney's debate prep by talking expectations for the first debate. of course it's just two days away. joining us with a review, terry nelson, gop strategist, and democratic strategist morris reed. let's start with you this morning, terry. there is a sense the "washington post" has a piece out this morning that romney...
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Mar 22, 2012
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issue of federal lands and permitting by the obama administration. we had an official on from the interior department who told us the industry is sitting on i guess it's millions of acres out there and i think the industry, i believe yourself, you've argued these aren't productive lands. what's the right answer here? >> the right answer is our industry needs acreage in certain areas. you just doesn't buy one lease and go out and drill a well. that's not economic. then all your competitors would know about that. you go out and assemble a lot of acreage and then you drill. that drilling takes time. and while we're getting the permits, in fact the governor of utah just a couple months ago wrote a letter to the president pointing out in utah and this is true in most states, can you get a state permit to drill oil in 30 to 60 days. it takes eight times that long to get a permit out of the federal government. >> are you arguing that the land that the industry has right now is proven to be unproductive? that that land is no good? >> if it's no good, we let
issue of federal lands and permitting by the obama administration. we had an official on from the interior department who told us the industry is sitting on i guess it's millions of acres out there and i think the industry, i believe yourself, you've argued these aren't productive lands. what's the right answer here? >> the right answer is our industry needs acreage in certain areas. you just doesn't buy one lease and go out and drill a well. that's not economic. then all your competitors...
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Oct 23, 2012
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debate with president obama so what are you talking about? >> he said that he would not lower rates on wealthier people. >> but it's right. no net increase in revenue on people. >> he will not raise revenue, which is what simpson-bowles, rivlin-domenici and the gang of six in the senate agreed. >> neither side has picked it up, the frustration that a plan like bowles-simpson has not put forth. >> not true. >> how so? >> i served on the supercommittee, i know this, i know exactly what stopped that committee from being able to get a deal. >> which one? >> we had major transformation in entitlements, a major proposal from 1.3 trillion to 600 to 300 billion. they wouldn't even agree to $300 billion of revenue so it was impossible to get an agreement because they were terrified of grover forquist the lobbyist who might run somebody against them in the primary. i'm telling you the truth that's what happened. >> i thought between the end it was between boehner and president and they were close to a deal. there are different sides on what happened. i
debate with president obama so what are you talking about? >> he said that he would not lower rates on wealthier people. >> but it's right. no net increase in revenue on people. >> he will not raise revenue, which is what simpson-bowles, rivlin-domenici and the gang of six in the senate agreed. >> neither side has picked it up, the frustration that a plan like bowles-simpson has not put forth. >> not true. >> how so? >> i served on the supercommittee, i...
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Mar 6, 2012
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i don't think motivating the base, the republican base, the tea party folks, against president obama in november, i don't think that's going to be much of a challenge. the problem is that the republican party has moved so far to the right and the dialogue of these debates has moved so far to the right that independent voters is where they've hurt themselves. and if you look, there's a new poll out this morning, the abc/"washington post" that shows that among independents romney has a favorable of 60 and an unfavorable of 29. but among independents, it's 32 favorable, 48 unfavorable. the damage is among the independents and not the base. >> but, charlie, i've always been betting that eventually romney gets the nomination and then he comes -- he tries to come back to the middle. but then i would imagine the calculus, the political anxiety becomes, does that only add to the sort of flip-flopping rhetoric that you hear around him? >> well, there is the danger of that, but the thing is i don't think a lot of us counted on romney having to run this far this long to the right, go that dista
i don't think motivating the base, the republican base, the tea party folks, against president obama in november, i don't think that's going to be much of a challenge. the problem is that the republican party has moved so far to the right and the dialogue of these debates has moved so far to the right that independent voters is where they've hurt themselves. and if you look, there's a new poll out this morning, the abc/"washington post" that shows that among independents romney has a...
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May 21, 2012
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. >> you think obama is the likely -- >> i hope it does. >> is the likely winner? >> i am a great believer that we've had a lot of debate on diversionary nonsense. the debate that should be in the american populist today at the kitchen table, are we better off than we were four years ago? is there a plan to solve these problems? >> we are losing -- i'm trying to remember axelrod's -- the republicans drove the car into the ditch, you want to give them the keys back? we were losing 750,000 jobs a month, now we're getting 200. >> he sounds like a perfect candidate for "mad men" with some of those lines he's offering. where the are solutions on debt, definite and unemployment? i haven't seen them. >> he tried with boehner to get to the grand bargain and once this fell through, he realized the republicans were not going to give up anything on their side and therefore he went into election mode at that point. >> let's put a pox on both sides of the aisle -- >> how do you put a pox on someone? >> you can. it's a following. >> you talk to someone? >> it's a following. if t
. >> you think obama is the likely -- >> i hope it does. >> is the likely winner? >> i am a great believer that we've had a lot of debate on diversionary nonsense. the debate that should be in the american populist today at the kitchen table, are we better off than we were four years ago? is there a plan to solve these problems? >> we are losing -- i'm trying to remember axelrod's -- the republicans drove the car into the ditch, you want to give them the keys back?...
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Oct 3, 2012
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well said. >> jimmy says obama wants to have a substantive debate. is there a worry that he could get too deep into the issues? >> no, because of the timeframe. they're 15-minute segments. they'll go back and forth. it's not set up. they won't have the chance to go way into it deep. >> that's my worry, that you come out of this with no substance. i want substance. >> if i'm a candidate running for the presidency of the united states, what i really care about are the undecides, the people who have not yet made up their mind. those are the folks that are going to swing this election. so you've got to speak to those folks. for them, it's not just a matter of the substance. substance is very, very important. but it's also a matter of your style. how do you react under pressure? do you have a sense of humor? are you quick on your feet? >> so here's a substantive question. it goes to specifics. we always talk about are we going to hear about specifics during this debate. apparently yesterday, romney came out and floated this idea of itemized deductions, a
well said. >> jimmy says obama wants to have a substantive debate. is there a worry that he could get too deep into the issues? >> no, because of the timeframe. they're 15-minute segments. they'll go back and forth. it's not set up. they won't have the chance to go way into it deep. >> that's my worry, that you come out of this with no substance. i want substance. >> if i'm a candidate running for the presidency of the united states, what i really care about are the...
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Oct 3, 2012
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eastern, president obama and mitt romney will face off in their first of three debates. we have an all star panel tonight. former congressman rick lazio and former clinton white house aide keith boykin. and herman cain tells us what it's like to debate kevin madden. it's all about leadership and leadership means taking control of the conversation. that's just my advice. in an anemic overall economy, we've seen some positives in recent days. the ism services surprised on the up side today, 15 million car sales yesterday and of course stocks have been rising since a year ago today. the s&p is up 32%. so things can't be all that bad. how will the investor class vote in 34 days? but first up, both mitt romney and president obama are in their respective hotel rooms now. they're making final preparations for the big debate and cnbc's own john harwood joins us live with the details. good evening, john. >> good evening, larry. two hours from that debate we've gotten a reminder in the last 24 hours with a slew of polls of how high the stakes are in this debate. we forget sometime
eastern, president obama and mitt romney will face off in their first of three debates. we have an all star panel tonight. former congressman rick lazio and former clinton white house aide keith boykin. and herman cain tells us what it's like to debate kevin madden. it's all about leadership and leadership means taking control of the conversation. that's just my advice. in an anemic overall economy, we've seen some positives in recent days. the ism services surprised on the up side today, 15...
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Sep 7, 2012
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a very quick look at the obama record which is the point of debate here on jobs. 22 months of job growth, 3.3 million jobs over that period. during the entire term he is down 317 k so he can get to zero over the next three months if things go his way. unemployment has been above 8% for the entire presidency first time in history. i will point out that it depends where you count from right? >> and you have gone from a defender of the dollar, antiqe3 person, someone, a man of reason, to a total qe3 enabler. >> are you the guy tweeting me like all the time? >> everybody is confusing what i'm trying to do which is tell you what the -- what they will or won't do from what i think the fed should or shouldn't do. >> was there money involved in your switch? what did they do for you? >> you're writing all of these tweets to me. that's what you're doing. >> an economist. >> liesman, if you keep going you'll get your qe3 like i want it. >> qe3 enabler. from a man of reason. >> you just decided it may be coming but could the jobs number if it's really strong change your mind again? >> it could. i re
a very quick look at the obama record which is the point of debate here on jobs. 22 months of job growth, 3.3 million jobs over that period. during the entire term he is down 317 k so he can get to zero over the next three months if things go his way. unemployment has been above 8% for the entire presidency first time in history. i will point out that it depends where you count from right? >> and you have gone from a defender of the dollar, antiqe3 person, someone, a man of reason, to a...
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Nov 20, 2012
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i think it would be easier to get simpson-bowles with boehner than with president obama. i don't think he's a true believer. >> we can have that debate but we're 40 days away from going off a cliff or small hill depending on who you ask. the question is what can each side give to get us where we need to be. >> but now you are really just talking about kicking the can again. >> i'm about rising above and rising above calls for compromise. >> i think harold is prepared. >> you are a simpson-bowles guy. >> the challenge is the president has drawn a line in the sand saying i want a pound of flesh period. don't get me a number. don't say a combination of spending cuts and a combination of discretionary of entitlement cuts and some tax increases. he's saying there's only one number. there's only one number. you got to give me that number. don't give me that number, the rest doesn't work. the problem is -- >> the country voted for him whether we like it or not. i like it he was re-elected. democrats picked up two seats in the senate. >> the country voted for him and they're goin
i think it would be easier to get simpson-bowles with boehner than with president obama. i don't think he's a true believer. >> we can have that debate but we're 40 days away from going off a cliff or small hill depending on who you ask. the question is what can each side give to get us where we need to be. >> but now you are really just talking about kicking the can again. >> i'm about rising above and rising above calls for compromise. >> i think harold is prepared....
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Mar 21, 2012
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as soon as we get to the target and debate and contest between mitt romney and president obama, the better off we will be and the better our chances will be of winning in november. >> senator when do you know? right. you've made it through the nominating process and then you didn't. so when is a candidate do you know that it's just time to give it up. when does your presence become more destructive to the overall process? >> well let me remind you that in 2000 i had to make that decision. you know, it's like, what's the different. child pornography you know it when you see it. you know when you see that it's time to fold your tent and fight another day. so, it's really a numbers game in some respect and there's no way that either rick santorum or newt gingrich can get there. but by the way ron paul will stay in. he stayed in 2008. he has his own agenda. that's not so important. >> senator, you recently said mitt romney quote has not done as well as we had hoped, unquote. what do you mean by that? >> what i meant by that early on, you know, we carried new hampshire, big win in florida and i
as soon as we get to the target and debate and contest between mitt romney and president obama, the better off we will be and the better our chances will be of winning in november. >> senator when do you know? right. you've made it through the nominating process and then you didn't. so when is a candidate do you know that it's just time to give it up. when does your presence become more destructive to the overall process? >> well let me remind you that in 2000 i had to make that...
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Nov 8, 2012
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obviously obama care will be the law of the land. there are higher taxes that kick in but questions about what needs to happen with some of the doctor payments and such. >> well, i think one of the big issues is that we have to get the exchanges up and running for january 1st, 2014, to start the insurance for everyone, that is a big challenge. many states have kicked the can down the road and the federal government has to step in. the big issue for payment and for cost control is going to be making changes in how we pay doctors and incentivizing hospitals and doctors to keep people healthy, and to actually get out there and make sure that the people with chronic illness don't fall between the cracks and to increase coordination of care, and as i've been saying around the country, the main issue there is getting off the fee-for-service payment system and encouraging doctors and hospitals and others to reengineer how they deliver care. that is going to be the key issue over the next eight years. >> that's going to be a tricky transitio
obviously obama care will be the law of the land. there are higher taxes that kick in but questions about what needs to happen with some of the doctor payments and such. >> well, i think one of the big issues is that we have to get the exchanges up and running for january 1st, 2014, to start the insurance for everyone, that is a big challenge. many states have kicked the can down the road and the federal government has to step in. the big issue for payment and for cost control is going to...
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Sep 17, 2012
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interestingly at least to me you compared netanyahu in terms of the demands that he's making on the obama administration to john boehner. explain. >> well, one of the things i found really fascinating and my colleague bob woodward's new book "the price of politics," was his reconstruction of the debate last year over putting together a fiscal package, surrounding the debate over lifting the debt ceiling, and as you remember, one of the issues was whether the extension of the debt ceiling would be short term or somewhat longer term. the republicans were pushing to have the issue come open again right about now, and obama really dug in his heels on this, and said i am absolutely not going to have this issue come up during a political season. it's totally wrong. i want a resolution that carries us through into 2013, and when he was warned by his treasury secretary tim geithner that mr. president, this could lead to inability to get a deal, and breaking the debt ceiling he said i'm sorry, this is something i'm not going to compromise on. i feel the republicans are trying to leverage this, and
interestingly at least to me you compared netanyahu in terms of the demands that he's making on the obama administration to john boehner. explain. >> well, one of the things i found really fascinating and my colleague bob woodward's new book "the price of politics," was his reconstruction of the debate last year over putting together a fiscal package, surrounding the debate over lifting the debt ceiling, and as you remember, one of the issues was whether the extension of the...
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Dec 20, 2012
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the republicans should change the terms of the debate. for example, they should have just throw it back at the president, how -- pass a bill in the house saying you can't use medicare money to fund obama care. love to see harry reid block a vote on that one. and how about the no changes in benefits for medicare and social security. the white house is quite willing to throw seniors under the bus under that. so the republicans should have gone on offense, joe. >> i can't tell where -- i'm going back and looking at which one of these. you're somewhere between denial and anger i think, still, steve. you have not reached acceptance. >> acceptance of hurting an economy -- >> i know. >> is not what the political -- bob novak, the great political -- >> don't the american people deserve this? they want their entitlements, we've got to pay for them. >> there are various ways you do entitlements. for example on the social security, you don't have to change any benefit formulas, including cost of living for those on the system, about to go on the sys
the republicans should change the terms of the debate. for example, they should have just throw it back at the president, how -- pass a bill in the house saying you can't use medicare money to fund obama care. love to see harry reid block a vote on that one. and how about the no changes in benefits for medicare and social security. the white house is quite willing to throw seniors under the bus under that. so the republicans should have gone on offense, joe. >> i can't tell where -- i'm...
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Oct 4, 2012
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could be good news for president obama. keep those gas prices in the swing states low, mandy. >> absolutely. that's what counts. >>> so, mitt romney celebrating today after what many are calling a big victory in last night's debate. the market has been paying very close attention, as you could imagine, to the race with many already pricing in an obama victory. so what does a romney resurgence mean to your money? joining us now, paul hickey, co-founder of the spoke investment group and on the back of the way the people perceived the debate last night, we're seeing a little bit of reaction in certain sectors for the potential after romney win. but i want to know what you think is going to be a winner. >> i think a romney win, one area that would benefit -- medical device companies. there is hope if romney's elected and repeels the affordable care act, then the device tax will be repealed helping out these companies. that tax will pretty much go right down to their bottom line if it is taken away. so that's a nice 3% to 5% ben
could be good news for president obama. keep those gas prices in the swing states low, mandy. >> absolutely. that's what counts. >>> so, mitt romney celebrating today after what many are calling a big victory in last night's debate. the market has been paying very close attention, as you could imagine, to the race with many already pricing in an obama victory. so what does a romney resurgence mean to your money? joining us now, paul hickey, co-founder of the spoke investment...
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Sep 13, 2012
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has a tendency to shoot first and aim late sgler the intense debate on how america should lead. >>> the secret to apple's success. >> this is iphone 5. >> how ceo tim cook is keeping steve jobs' magic alive. the second hour of "squawk box" starts right now. >>> good morning and welcome to "squawk box." i'm andrew ross sorkin along with becky quick and joe kernen. looks like the cow will open 13 points higher, s&p higher, nasdaq off marginally on the other -- in the other direction. >> it has been amazing to see the market continue to climb even though it's awaiting the news from the federal reserve. it is a big decision day for the federal reserve. yesterday we closed at a 4 1/2 year high. steve leisman made the trip to washington for the news conference later today. steve, i guess the question is, will he or won't he? >> i mean the expectation is that he will, and he will do so into what is essentially a very charged political environment. i want to sort of walk you through what seems to be the decision-making process of the fed chairman here. let's begin with the minutes of the au
has a tendency to shoot first and aim late sgler the intense debate on how america should lead. >>> the secret to apple's success. >> this is iphone 5. >> how ceo tim cook is keeping steve jobs' magic alive. the second hour of "squawk box" starts right now. >>> good morning and welcome to "squawk box." i'm andrew ross sorkin along with becky quick and joe kernen. looks like the cow will open 13 points higher, s&p higher, nasdaq off...
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Sep 6, 2012
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what obama gets is he's obviously had the job for four years and he knows the stuff inside out and is good on policy. >> i guess it's always been like this, howard, but i look at the mail that comes in from both sides. never seen them so divided and so sure of themselves on both sides. >> no coming around. >> so hateful of the other side. it's really -- i don't know what's going to happen no matter who gets elected. how we deal with the rift. >> my theory is when the new generation takes power, that will be betterment the under 35s don't put up with this kind of talk. our generation just wants to fight the culture wars to the death. i think it's not so great for the country. >> at least we come together once in a while. >> yes, we do. >> thanks, governor. see ya later. >>> why mark faber says european stocks could correct up to 20%. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right a
what obama gets is he's obviously had the job for four years and he knows the stuff inside out and is good on policy. >> i guess it's always been like this, howard, but i look at the mail that comes in from both sides. never seen them so divided and so sure of themselves on both sides. >> no coming around. >> so hateful of the other side. it's really -- i don't know what's going to happen no matter who gets elected. how we deal with the rift. >> my theory is when the new...
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Oct 17, 2012
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i think obama gains from the debate but i don't think he gains as much as obama did. stopped some of the romney momentum. and he is ahead. >> will we be -- this was unbelievable yesterday leading up to this. i don't know if it's going to be like that for the third debate. >> i'm not sure. >> is it going to be momentous too? >> i bet you the viewership is down 20% to 30%. >> could be. it's going to be interesting the see whether they both decide we were a little hot and dial it back. i'm not sure they will. because as long as this thing -- >> i wish they would. >> as long as this thing remains a neck and neck race, and especially if you're romney, for example, and you say well, my momentum got braked by that last debate, this is my last shot and i'm still biehind by a couple points. >> the president can say i've got to keep pouring it on. >> did we get new details on the tax plan? i hadn't heard the 25,000 number. >> 17,000 before. >> romney -- that is a total evasion from romney in the sense that the idea is a decent idea, but he's putting all these numbers out so nob
i think obama gains from the debate but i don't think he gains as much as obama did. stopped some of the romney momentum. and he is ahead. >> will we be -- this was unbelievable yesterday leading up to this. i don't know if it's going to be like that for the third debate. >> i'm not sure. >> is it going to be momentous too? >> i bet you the viewership is down 20% to 30%. >> could be. it's going to be interesting the see whether they both decide we were a little hot...
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Sep 25, 2012
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should be down at least 10 to 12 points based on his performance. >> i've seen steve kroft interview obama a couple times. if you want to grill him from the left and say you haven't followed through on you will at things that the left wanted, you've been a disappointment from the left, that's what you get. think if he was interviewed by someone from a conservative. >> i thought steve kroft it okay. >> did he say it's not what you haven't been able to do, it's what you did do? >> i think steve kroft is terrific, but i to think mitt interview because tougher. >> it's cbs. i heard nothing about -- are you responsible for some of the divisiveness? the way obamacare was handled the first year and a half when the economy's obviously the thing you should have been focusing on, what ushered in the tea party in 2010? >> he had all the of the cards on his side. all of the votes, key have gotten whatever he wanted. all of the tax things passed. instead he focused on obamacare and now he complain that's can't get anything passed. >> the intro with republicans have stood in your way oefrg you've tried
should be down at least 10 to 12 points based on his performance. >> i've seen steve kroft interview obama a couple times. if you want to grill him from the left and say you haven't followed through on you will at things that the left wanted, you've been a disappointment from the left, that's what you get. think if he was interviewed by someone from a conservative. >> i thought steve kroft it okay. >> did he say it's not what you haven't been able to do, it's what you did do?...
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Sep 27, 2012
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because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of cour
because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it...
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Aug 13, 2012
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obama has always avoided debating with mitt romney on those issues. he's changed the subject. it's interesting to watch. the president knows that mr. ryan knows more about the budget and taxes than he does and, therefore, he doesn't really want to debate him on these things. of course, that's a "wall street journal" talking at that point. >> i'm not sure that's true, joe. >> i know, i know. >> but, remember, the moment -- remember the moment when president obama delivered his version of a ten-year deficit reduction plan in a speech, i believe it was at georgetown university and paul ryan was in the front row and he called out ryan's budget. a lot of republicans thought that was a cheap shot. but the obama campaign wanted to elevate that. >> but people didn't think that he would even show to that. and it did seem like a -- i don't know. the supreme court felt the same way at the state of the union that time when they were being scolded. >> my question for john, and it goes back to the question of independence, the 8% that has not made up its mind, does this help them on the rep
obama has always avoided debating with mitt romney on those issues. he's changed the subject. it's interesting to watch. the president knows that mr. ryan knows more about the budget and taxes than he does and, therefore, he doesn't really want to debate him on these things. of course, that's a "wall street journal" talking at that point. >> i'm not sure that's true, joe. >> i know, i know. >> but, remember, the moment -- remember the moment when president obama...
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Oct 3, 2012
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the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#:
the first presidential debate between governor romney and president obama. it gets underway here on cnbc at 8:00 p.m. eastern time. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm...
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Oct 3, 2012
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. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your pofrls. time to play ffd ffd. time to play "am i diversified?." we've gotten inundated with tweets. we have to go to them. this is from dimas 720. m mo,, pep, point guard, cop, nyb. i'm saying it's highly unlikely. procter & gamble, uh-oh, pepsi, consumer products company. altria, conoco phillips, new york community, high-yielding financial. keep altria. between pepsi and procter, keep pepsi. we're going to put in a health care company. at this point i'm going a little aggressive. go celgene. let's go to ed in new york, please. ed? >> caller: hey. >> hey. modern portfolio. it's a modern portfolio. i have popeye's. i love the red beans and rice. aig is my favorite financial. michael kors is the terrific apparel company where they still charge $200 even at the outlets. dynavax. and facebook is not doing as badly as everybody else. internet company, financial, apparel co
. >>> big night on cnbc, not just because it's the first debate for romney and obama. it's because here on "mad money," it's wednesday. what do we play on wednesdays? you've got it. time to see about your pofrls. time to play ffd ffd. time to play "am i diversified?." we've gotten inundated with tweets. we have to go to them. this is from dimas 720. m mo,, pep, point guard, cop, nyb. i'm saying it's highly unlikely. procter & gamble, uh-oh, pepsi, consumer...
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Nov 19, 2012
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so i think a first thing to look at is actually president obama's budget. president obama's budget actually does have specific way to get to additional $1.6 trillion in revenue, people may not like it. we can have a debate around it but it goes line by line as you can get an additional $1.6 trillion in revenue. when it comes to entitlements it has an additional $300 billion in savings. health care it goes line by line. in the next several weeks my guess is we're not going to agree to all those lines. my hope is they agree to overall targets when it comes to entitlements and revenue, they may lay out a number of the ways that you'd end up reaching those targets and several months after that, that actually write the legislation. i think the danger is that when it comes to the discretionary budget, 40% of the budget that's annually appropriate, where you decide how to allocate resources annually, what they decide to do is they end up reducing that category three or five years out. they realize they don't have to make the hard decisions for three to five years
so i think a first thing to look at is actually president obama's budget. president obama's budget actually does have specific way to get to additional $1.6 trillion in revenue, people may not like it. we can have a debate around it but it goes line by line as you can get an additional $1.6 trillion in revenue. when it comes to entitlements it has an additional $300 billion in savings. health care it goes line by line. in the next several weeks my guess is we're not going to agree to all those...
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Feb 2, 2012
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the obama campaign team sits back and -- >> is it the media? what's responsible for that? >> i think it's a combination of things. you know, for example, in arizona in the exchange for not moving our primary way up we said okay give us a debate. everybody loves a debate. the networks, the cables love the debate more than anybody because it gives them their highest viewing. but it's not healthy after a while. it used to be -- listen, it used to be that we would say okay, here's how i think we should restore our economy. this is what i think we need to do about afghanistan. instead we're waiting for the shot and how the recipient of the shot responds. that's not illuminating to the american people. >> senator, i'd like to go back to the idea of simpson-bowles still being alive and still having people who are supporting that. how big of a groundswell is there there in the senate and in the house for a plan like that, and how quickly do you think that something like that could be introduced? >> becky, the dirty little secret is that everybody comes full circle and we come back
the obama campaign team sits back and -- >> is it the media? what's responsible for that? >> i think it's a combination of things. you know, for example, in arizona in the exchange for not moving our primary way up we said okay give us a debate. everybody loves a debate. the networks, the cables love the debate more than anybody because it gives them their highest viewing. but it's not healthy after a while. it used to be -- listen, it used to be that we would say okay, here's how i...
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May 14, 2012
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and so it sharpens in a way that helps president obama at least in the near term the debate over whether or not we need regulation and what exactly -- how intrusive and expansive government should be in overseeing these banks. >> i'll take the other side of that only because i just finished reading a piece by our friend ben white morning money. he said this hurts president obama. this is actually a feather in the cap of romney not so much because romney is out there seen as some kind of regulatory enforcer, but actually because people say maybe obama spell do fell down on the job, four years later nothing is different and that's how the public will view this. >> you know, i suppose that's possible, but i think you have to look away from the fact that a law was passed and it's in the process of being implemented to get to that judgment. carl levin says, we don't know this for sure because you have to see how the regulation is ultimately crafted, that the volcker rule would have properly implemented would have prevented these trades. >> but the current volcker rule technically allows for t
and so it sharpens in a way that helps president obama at least in the near term the debate over whether or not we need regulation and what exactly -- how intrusive and expansive government should be in overseeing these banks. >> i'll take the other side of that only because i just finished reading a piece by our friend ben white morning money. he said this hurts president obama. this is actually a feather in the cap of romney not so much because romney is out there seen as some kind of...
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Dec 4, 2012
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no one's really listening and the white house has controlled the debate that it's all about the upper 2%. the first thing in texas you do is shrink the size of government, wouldn't you? >> well, we did that. we faced a substantial budget shortfall. we have a constitutional amendment that requires us to have a balanced budget, which frankly america needs that. >> i don't know what would happen. >> most states have that. >> the states that are -- i would suggest to you the states that are doing better economically have a constitutional amendment that requires them to balance their budget. so, we had to deal with that in the early 2000s. and interestingly, it was the first time since the 19th century, since back about 1870, that there were all republicans, republican speaker, republican house, republican lieutenant governor, republican senate and myself, and we had run on the premise that we were going to treat government differently, that we were going to treat it more like how folks in the private sector have to deal with their businesses, that we weren't going to raise taxes, that we
no one's really listening and the white house has controlled the debate that it's all about the upper 2%. the first thing in texas you do is shrink the size of government, wouldn't you? >> well, we did that. we faced a substantial budget shortfall. we have a constitutional amendment that requires us to have a balanced budget, which frankly america needs that. >> i don't know what would happen. >> most states have that. >> the states that are -- i would suggest to you the...
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Aug 31, 2012
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and they wanted him to show a little leg against obama too. this is a preview of what you'll see in the debates by romney. this whole nonsense of likability can we stop talking about charisma. i want to talk about a bye who can create jobs. likeability is so overblown. do you like the guy who fixes the pipes or do you like the guy who doesn't fix the pipes that makes you laugh a little bit while he fails to fix the pipes. we need a guy who can turn things around. >> i would agree but there's two men that have a rob. one is reagan and one is clinton. they both did exactly what you're talking about they promised but they had the likability factor and hit in a huge way. clinton came in only because the economy frankly and ross perot. >> thanks for admitting that. >> reagan was a great president and raised taxes and economy. he ran against a pretty weak guy. >> they created jobs. that makes you likeable. >> we lost jobs under obama. 4.5 million jobs created. he didn't create a single one of them, american businesses created them. the point is if y
and they wanted him to show a little leg against obama too. this is a preview of what you'll see in the debates by romney. this whole nonsense of likability can we stop talking about charisma. i want to talk about a bye who can create jobs. likeability is so overblown. do you like the guy who fixes the pipes or do you like the guy who doesn't fix the pipes that makes you laugh a little bit while he fails to fix the pipes. we need a guy who can turn things around. >> i would agree but...
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. >> what did you think of mayor bloomberg's endorsement of obama on the grounds of climate change and how does the climate debate change, if it does at all given the sandy storm. >> that's, i -- you know, there are so many articles out there refuting that this is the worst. >> embarrassing. >> i'm not a climatologist, but the stuff i read says this has not been an unusual year or unusual decade. just the opposite. that's what scares me because it gives those people throwing eggs in philadelphia an argument. it's a serious argument. i lived through the nuclear business and they would show up at every meeting and never stop. these folks took the nuclear uniforms off and they've got the fracking uniforms on now and fracking is a word that gives them new energy to go after. >> where are the federal lands that we should be opening up that we're not at this point? >> alaska, and all kinds of things in texas and oklahoma. it's just -- what i'd like to have us think about, becky is that this is the american century and energy is the lifeblood of an economy. it changes our relationships with o
. >> what did you think of mayor bloomberg's endorsement of obama on the grounds of climate change and how does the climate debate change, if it does at all given the sandy storm. >> that's, i -- you know, there are so many articles out there refuting that this is the worst. >> embarrassing. >> i'm not a climatologist, but the stuff i read says this has not been an unusual year or unusual decade. just the opposite. that's what scares me because it gives those people...
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the debate and a discussion remember former governor howard de dean, up next. in america, we believe in a future that is better than today. since 1894, ameriprise financial has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ >>> welcome back, everybody. i'm brian sullivan in for larry. he'll be back next week. today marks the two-year anniversary of president obama's prized health care reform plan. all eyes will be on d.c. for another reason on monday. the supreme court begins three days of highly anticipated hearings on the laws. and "the last exit ramp on the road to unlimited government." nbc's pete williams joins us now. this will be an unbelievable three days in washington, d.c., is it not? >> it is very much so. the question is not whether this is a good idea, but whethe
the debate and a discussion remember former governor howard de dean, up next. in america, we believe in a future that is better than today. since 1894, ameriprise financial has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for...
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Oct 11, 2012
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and in ohio, romney trimmed two percentage points off of obama's pre-debate lead. the president holds a 51-45% edge among likely vote everies there. john harwood will be joining us live from kentucky with more in just a few minutes. but first andrew has this morning's top business stories. >>> we got some banking news this morning on wall street. jpmorgan cfo dug braunstein will be stepping down. he'll take on another post within the company, so he won't be leaving, but it was on his watch that the jpmorgan london whale experience happened and there remains scrutiny all around that. he's expected to lead the bank's earnings call tomorrow morning, so a lot of interest thp. in other headlines related to jpmorgan, deal book is reporting that the fbi investigation into the bank's $6 billion trading loss may not inchbly indicate jamie dimon, buts investigation does not appear to touch on the echelons of top management, but the company is still under investigation by the sec as to whether it misled investors about the size of the loss and it's worth noting it got tapes.
and in ohio, romney trimmed two percentage points off of obama's pre-debate lead. the president holds a 51-45% edge among likely vote everies there. john harwood will be joining us live from kentucky with more in just a few minutes. but first andrew has this morning's top business stories. >>> we got some banking news this morning on wall street. jpmorgan cfo dug braunstein will be stepping down. he'll take on another post within the company, so he won't be leaving, but it was on his...
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Oct 3, 2012
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tonight marks the first of three debates between president obama and mitt romney. both economy and markets will play a big role in today's matchup. which candidate is the right fix for both? john taylor is an economic adviser to the romney campaign and joins us. you are going to say mitt romney. in terms of convincing the american people what you believe and what mr. romney believes what does mr. romney need to do and say? >> we have high unemployment. the last growth number 1.3%. we are not creating enough jobs to employ the working age population. you can put good spins on this. basically it is not good. as i look at this it is largely a problem of policy. the policy has not been pro growth. it has been short termism. >> with all due respect i'm sure you watch a lot of the sunday talk shows, the one before the first presidential debate everybody was saying mr. romney has not outlined his own economic proposal so while you may say mr. obama has fallen short mr. romney is not putting out his case. >> i disagree with that. there is a lot of specificity on proposals
tonight marks the first of three debates between president obama and mitt romney. both economy and markets will play a big role in today's matchup. which candidate is the right fix for both? john taylor is an economic adviser to the romney campaign and joins us. you are going to say mitt romney. in terms of convincing the american people what you believe and what mr. romney believes what does mr. romney need to do and say? >> we have high unemployment. the last growth number 1.3%. we are...
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Mar 15, 2012
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is president obama becoming the regulator in chief? we have a very hot debate on that very subject on kudlow. we'll be right back. hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. the two trains and a bus to the 5:00 arider.holar. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be. ♪ because your moment is now. let nothing stand in your way. learn more
is president obama becoming the regulator in chief? we have a very hot debate on that very subject on kudlow. we'll be right back. hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the...
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. >> the deductions, you know, maybe the supreme court doesn't allow obama care to go. >> we will debate some of those numbers. >> but i wouldn't pay any. i don't want them, and i wouldn't pay any. >> it's my interview. i can say good-bye to jayson. jayson, thank you. >> can you speak in another language? >> if you were to possess my body, thing i could. >> ew. >> still ahead, the author of "standing on the sun" is going to tell us how emerging economic powerhouses are going to change the face of business as we know it when we return. ♪ [ kareem ] i was fascinated by balsa wood airplanes since i was a kid. [ mike ] i always wondered how did an airplane get in the air. at ge aviation, we build jet engines. we lift people up off the ground to 35 thousand feet. these engines are built by hand with very precise assembly techniques. [ mike ] it's gonna fly people around the world. safely and better than it's ever done before. it would be a real treat to hear this monster fire up. [ jaronda ] i think a lot of people, when they look at a jet engine, they see a big hunk of metal. but when i lo
. >> the deductions, you know, maybe the supreme court doesn't allow obama care to go. >> we will debate some of those numbers. >> but i wouldn't pay any. i don't want them, and i wouldn't pay any. >> it's my interview. i can say good-bye to jayson. jayson, thank you. >> can you speak in another language? >> if you were to possess my body, thing i could. >> ew. >> still ahead, the author of "standing on the sun" is going to tell us how...
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i anticipate that i'm going to be more able to debate in the public square barack obama. i've also seen some of the, i'll say, less than accurate attacks and charges against me. i've been able to fend those off. i know where they're going to come from when the obama machine turns it on with a billion dollars of spending. i'm more ready to go after the president than i was when i got started. there's an advantage to having done this twice. first time you learn some lessons. second time through, you're also continuing to learn. i think that's one of the reasons i'm better prepared to go after this race. by the way, you are right. independent voters. that's what we have to be able to connect with. >> what do you say to them? as you move through super tuesday, how do you tailor -- you have two issues here. one is obama and economic recovery. you eve got to deal with that. now, the second one is a bump down in the independent voters. how do you strike thategyize to with that? >> independents feel the same way. they don't want to have someone that is angry at them, that is mean
i anticipate that i'm going to be more able to debate in the public square barack obama. i've also seen some of the, i'll say, less than accurate attacks and charges against me. i've been able to fend those off. i know where they're going to come from when the obama machine turns it on with a billion dollars of spending. i'm more ready to go after the president than i was when i got started. there's an advantage to having done this twice. first time you learn some lessons. second time through,...
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let's separate the debate on health care. the question is what can we do to get the right tax incentives for manufacturers. >> one of the industries we can still manufacturer, medical devices? >> i don't think the obama care -- >> you called it that even though you're in the administration. >> i think the universal health care has, does not -- >> you're humoring me, ro. i no know that. >> you're aware that the big incentive for medical devices is ireland, not the united states, and it's partly -- >> going to get worse. >> -- because of the low tax rate and well educated workforce. this administration is granting waivers so high schools don't have to teach as much math and science. it's totally inconsistent with your manufacturing policy. >> ro was only in commerce. >> i think the administration has emphasized stem education, vocational education, but my point is let's take the politics out of the manufacturing agenda. this is in the national interest just like it was to beat the soviet union, you need to compete with china af
let's separate the debate on health care. the question is what can we do to get the right tax incentives for manufacturers. >> one of the industries we can still manufacturer, medical devices? >> i don't think the obama care -- >> you called it that even though you're in the administration. >> i think the universal health care has, does not -- >> you're humoring me, ro. i no know that. >> you're aware that the big incentive for medical devices is ireland, not...
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. >> how would he fare against president obama in the general election? we'll have a bipartisan debate with representatives fredricka wilson and connie mack. >>> we're counting down to jobs friday, an early read at 8:15 eastern with the adp employment report. the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc, first in business worldwide, i'm joe kernen along with becky quick and andrew ross sorkin. u.s. equity futures are back up to 9 0, 91 points above fair value and that adds to a great january. at least on the open. and i guess there's some, it's once again, things that happen in europe, he guess some funding italy went well. >> this was china, too. >> but whatever it is, we've got different reasons every day for the slow, steady move that we've seen in the averages. >> i'm i'll take the march higher any day. in our headlines this morning, watch shares of amazon.com at the open. the company's fourth quarter revenue falling $1 billion short of expectations. we talked about it last hour. net income fell sharpl
. >> how would he fare against president obama in the general election? we'll have a bipartisan debate with representatives fredricka wilson and connie mack. >>> we're counting down to jobs friday, an early read at 8:15 eastern with the adp employment report. the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc, first in business worldwide, i'm joe kernen along with becky quick and andrew ross sorkin. u.s....
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the reviews are in for last night's presidential debate. not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have almost a do over from last night's performance. take a listen. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. >> and bill, the battle continues now. in the battleground states, we're going to see both
the reviews are in for last night's presidential debate. not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far...
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not to bolster medicare but to pay for obama care. cuts from romney will bolster the medicare system itself. >> the danger, to me in the romney/ryan -- >> they are extremes. >> not about extremist. in a debate we used to have around this table every single day about jobs and unemployment, the debate has shifted to this debate about entitlements which gets to his issue is that people who are on the receiving end of the entitlements say you know what? this is not so good for me. >> an ad idealistic young man -- >> how does romney campaign frame thast. >> you don't want an election to be a referendum purely on someone on what's already happened. you want it to be on the different paths for the future that both candidates are proposing? we don't want to have an election just on a referendum just anybody but obama. we want to know what romney and ryan do. this becomes a choice is what the american people deserve, right? do i sound like a preacher. say hallelujah. this is a choice. who want as referendum. should it be a referendum? >> i'm t
not to bolster medicare but to pay for obama care. cuts from romney will bolster the medicare system itself. >> the danger, to me in the romney/ryan -- >> they are extremes. >> not about extremist. in a debate we used to have around this table every single day about jobs and unemployment, the debate has shifted to this debate about entitlements which gets to his issue is that people who are on the receiving end of the entitlements say you know what? this is not so good for me....
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economy. >> do you mean the process of primaries in general or in particular the number of debates. >> this year and the obvious thing to point to is so many debates, and when you have two candidates in particular going at each other in a pretty personal way, all of the debates magnify that and i think it's turning a lot of people off. >> is there an argument to be made if all this comes out early that then maybe it doesn't pain the next -- it doesn't put all the pressure on them later? >> somewhat, and i think it's good practice for the nominee, whoever it is, so i agree with that. but still i think, you know, that could have been gained with 12 debates, not 192 or wherever we're at now. >> david you and i both think we'd like to get on the issues and do the comparison between the path obama is taking us on versus the path that republicans take in the country on particularly the energy. you're the expert in terms of what this country really has to offer in energy. can you comment the difference between obama's approach versus your approach? >> i'm pleased all the republican candida
economy. >> do you mean the process of primaries in general or in particular the number of debates. >> this year and the obvious thing to point to is so many debates, and when you have two candidates in particular going at each other in a pretty personal way, all of the debates magnify that and i think it's turning a lot of people off. >> is there an argument to be made if all this comes out early that then maybe it doesn't pain the next -- it doesn't put all the pressure on...
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Apr 3, 2012
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i'm interested in this debate. will we debate supply side tax cuts? the 1980s and 19 # 99 # 990s, p clinton cut the capital gains. the '80s and '90s were so prosperous, obama would die for it. he seems to be attacking the very model of the economy with incentives galore that worked so well. this could be a trap for obama. >> larry, even bill clinton said that the era of big government is over. ronald reagan dedicated to reducing government's intrusion into your lives. president obama complaining about the house budget. his budget last year lost in the united states senate 0 to 97 and last week, his new budget lost 0 to 414. that is a stunning repudiation of his leadership. what it really shows is an utter lack of leadership. he hasn't been running this country since november 2010, the day he started his re-election efforts. america hungers for leadership. this country is not provided with leadership. >> we heard a lot of slogans in the speech. thank you. food luck in wisconsin tonight. >>> coming up, yes, the president viciously attacked paul ryan's b
i'm interested in this debate. will we debate supply side tax cuts? the 1980s and 19 # 99 # 990s, p clinton cut the capital gains. the '80s and '90s were so prosperous, obama would die for it. he seems to be attacking the very model of the economy with incentives galore that worked so well. this could be a trap for obama. >> larry, even bill clinton said that the era of big government is over. ronald reagan dedicated to reducing government's intrusion into your lives. president obama...
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Mar 2, 2012
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you're going to debate whether it is in fact obama's morning in america. we'll get to that later. let's now change gears, shift gears, change topics, do some stock market work. look, we had some important mixed economic data today but investors kept their eye on the positives. and get this, two data points -- car sales exploding in february to 15.1 million. that is a huge number that came out as the day wore on. and, secondly, retail chain store sales rising almost 7%, another huge number. so i want to parse through all this. joining me now is the great ken hdner and we also have richard berg performing. ken, reading through your notes was really an eye opener to me today. i don't believe i've ever heard you or read you more bullish. can you tell us? >> well, we've just gotten through the big problem with europe. we're not going to have a meltdown. there's no real impediment to the accelerating growth in the u.s. economy. automobile sales are taking off and i think housing starts are going to move up very sharply. my index of -- that i get from isi showing the housing orders have
you're going to debate whether it is in fact obama's morning in america. we'll get to that later. let's now change gears, shift gears, change topics, do some stock market work. look, we had some important mixed economic data today but investors kept their eye on the positives. and get this, two data points -- car sales exploding in february to 15.1 million. that is a huge number that came out as the day wore on. and, secondly, retail chain store sales rising almost 7%, another huge number. so i...